Buying Real Estate in Kitchener

There are a variety of property types to choose from when looking for real estate
in Kitchener.
There are 327 houses,
7 townhouses,
and 61 condos for sale.
For past listings, search our
Kitchener sold listings and Kitchener expired listings
The average listing price in Kitchener for all home types is $638,492, which is 27% higher than February 2018.
The average list price differs significantly when broken down by home type. The average listing price of a house is $664,736, $381,814 for a townhouse, and $463,189 for a condo.
There are many popular cities surrounding Kitchener, including
Waterloo,
Cambridge,
Guelph,
Brantford,
Milton,
Burlington,
Norfolk County that offer a variety of home prices and unique areas to live.
Kitchener also has many options for renters with 396 active rental listings and an average lease price of $1,926.

Kichener Property Taxes

Residents of the City of Kitchener are expected to pay property taxes on all residences that they own. Property taxes can usually be found on each active Zoocasa listing, or can be looked up here. As of 2017, the estimated property tax residents can expect to pay is 0.634%.

Provincial/Municipal Land Transfer Tax

There is currently no municipal land transfer tax in effect in Kitchener but the provincial land transfer tax still applies to all property purchases. First-time home buyers in Ontario may quality for a provincial land transfer tax rebate of up to $4,000.

See below for provincial land transfer tax rates.

Ontario Land Transfer Tax Rates

Purchase Price

Rate

$0 - $55,000

0.5%

$55,000.01 - $250,000

1.0%

$250,000.01 - $400,000

1.5%

$400,000.01 - $2,000,000

2.0%

$2,000,000+

2.5%

Kitchener Land Transfer Example:

Purchase price = $600,000

Ontario LTT

Purchase Price

Subtract Tax Brackets

Rate

Non 1st Time Buyer Tax Payable

1st Time Buyer Tax Payable

$0 - $55,000

$55,000

0.5%

$275

$0

$55,000 - $250,000

$195,000

1.0%

$1,950

$0

$250,000 - $400,000

$150,000

1.5%

$2,250

$475

$400,000 - $600,000

$200,000

2.0%

$4,000

$4,000

Total LTT

Non 1st Time Buyer

1st Time Buyer

$8,475

$4,475

Kitchener City Guide

Located approximately 100 km west of Toronto, Kitchener is part of the Regional Municipality of Waterloo. Kitchener and Waterloo are considered “twin cities” and often referred to as “Kitchener-Waterloo”, although they have separate municipal governments. The city’s economy is powered by the high-tech sector, similar to that of Waterloo’s economy, hosts the headquarters of companies like Google, D2L, and Communitech.

Living in Kitchener

Demographics

As of the Canada 2016 Census, there are 523,894 people living in the city of Kitchener. This represents a 5.5% increase from the 2011 Census population of 496,383. This growth is on pace with both Ontario’s overall growth rate of 4.6% and Canada’s growth rate of 5.0%. Most of Kitchener’s population is of European ancestry with a substantial concentration of German Canadians. 15.4% of the population claim to be members of a visible minority and the largest groups include Black (3.2%), South Asian (3.1%), Latin American (2.2%), and Southeast Asian (2.0%).

Schools

The Waterloo Region District School Board governs 104 elementary schools and 16 secondary schools across the city with 64,643 students.

Elementary School Name

Fraser Rating (out of 10.0)

Laurelwood

9.2

Abraham Erb

9.0

Vista Hills

8.5

Lackner Woods

8.1

Milen Woods

8.0

Secondary School Name

Fraser Rating (out of 10.0)

Elmira

8.5

Waterloo

7.9

Sir John A Macdonald

7.4

Bluevale

7.4

Preston

7.1

Retail

Major shopping centres in Kitchener include CF Fairview Park, Stanley Park Mall, and Sunrise Shopping Centre. CF Fairview is the biggest mall in Kitchener with brands like Forever 21, Aritizia and Sephora.

Sports

There are currently no professional sports team that belong to Kitchener. Most residents in the city visit Toronto for professional sports.

Kitchener Airbnb Regulations

There are currently no regulations in place for short-term rental platforms like Airbnb in the city of Kitchener.

Condos

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.